Partners required for South East Qld Residential Property Development.
Located at Park Ridge, QLD 4125. This prime block of land sprawls across a substantial 3.9 hectares, perfectly positioned and primed for impressive growth.
The development will include 62 residential blocks to be developed in two strategic stages:
Stage 1 will feature 28 blocks each measuring 500 square meters and 1 additional block of 700 square meters and 2 blocks of 1000 square meters, offering spacious plots for potential homebuyers.
Stage 2 is set to comprise 30 blocks, each ranging between 400 to 450 square meters and 1 block of 1000 square meters, providing diversity to meet different needs and preferences.
There is the option to offer House & Land Packages for increased returns.
The development is anticipated to be finished within 18 months (stage 1) to 3 years (stage 2), offering a swift turnaround on your investment.
There is the possibility of achieving excellent returns with the owner estimating a Return on Investment of between 60-100% over that period after completion of Stage 2 (varies depending on selling the land only or house & land packages etc).
With a growing demand for residential properties and specialized accommodations in the area, this investment is a timely opportunity to capitalize on the boom.
One-On-One Inspections are available for this property at a time to best suit you and your schedule.
This project offers the ideal potential for the savvy developer, with endless possibilities; from residential housing to commercial opportunities (subject to council approvals) and coupled with a super convenient location:
-300metre to Park Ridge Bus Depot
-Less than 2 minutes driving to Park Ridge Village shops, including Woolworth’s & McDonald's
-Close to 3 Schools, Park Ridge High School, Park Ridge Primary School, Parkland Christian College,
-Easy and quick access to Mt Lindesay Highway, less than an hours drive to both Brisbane City and the beautiful beaches of the Gold Coast.
The current owner is seeking partners to raise a total of $12,500,000 to complete this development over the said timeframe.
There is the opportunity for incoming partners or investors to be provided with security over the property and achieve an excellent return on investment upon completion.
The owner is happy to discuss full details & terms with interested parties and is quiet flexible in his approach so please contact the seller to discuss this partnership opportunity asap.
Full details of this Development Partnership Opportunity will be provided to seriously interested parties upon inquiry. Click on the 'Contact Seller' above to request further information.
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